About Us
Become a Director
Become a Director
West-Midlands Credit Union is dedicated to enhancing the financial well-being of our 80,000 members by providing fair, secure and innovative financial services. As a not-for-profit organisation, we prioritise building strong personal relationships while supporting local communities through impactful initiatives. Our flexible solutions adapt to evolving needs of our members throughout their lives, enhancing their financial security.
Our continued success is driven by the commitment, expertise, and professionalism of our volunteer Board of Directors, who play a vital role in leading our Credit Union.
We welcome expressions of interest for a position as a Director on the Board of West-Midlands Credit Union.
Role Overview:
The Board of Directors, elected by the membership, is responsible for the overall governance, strategic direction, and effective management of West-Midlands Credit Union.
Directors are also invited to actively contribute to subcommittees and support key organisational initiatives.
This is a voluntary, non-remunerated role requiring a meaningful commitment of time, energy, and professional expertise.
Responsibilities
As a Director, you will:
Steward Governance: Ensure that the Credit Union operates within the legal and regulatory frameworks and adheres to its mission and values.
Strategic Planning: Collaborate with fellow board members to develop and implement the strategic plan, ensuring the sustainable growth and success of the organization.
Financial Oversight: Monitor financial performance, approve budgets, and ensure the financial health of the credit union.
Advocacy: Represent the interests of our members and promote the Credit Union's objectives within the community.
We are seeking individuals who can demonstrate:
A strong understanding of business drivers and their financial implications, with the ability to assess their impact on organisational performance and long-term value Confidence in reviewing financial plans, monitoring performance, and ensuring appropriate corrective actions are implemented when necessary
Familiarity with financial reporting, regulatory frameworks, and the importance of maintaining accuracy, transparency, and integrity in financial information
Skill or experience in other areas such as IT, Legal, Strategic Planning or Governance
Familiarity with the Credit Union Sector.
Benefits of the Role:
Serving as a Director offers a range of professional and personal development opportunities, including:
Gaining senior-level experience in financial services governance
Exposure to board-level decision-making and strategic planning
Opportunities to expand professional networks and enhance career development
Access to supported learning and ongoing professional education
The ability to contribute leadership, business insight, and management expertise in a collaborative environment
Involvement in diverse projects and initiatives that positively impact members and the wider community
Application Process:
Prospective candidates will be subject to the Fitness & Probity process, as set down by the Central Bank, pursuant to Section 50 of the Central Bank Reform Act 2010 and will be expected to adhere to the Standards therein.
To express your interest or find out more information, please contact the Nominations Committee by emailing: info@wmcu.ie and marking your email for the attention of the Nominations Committee.
